FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FOREST LABORATORIES INC

2. Date of Event Requiring Statement (MM/DD/YYYY)
4/27/2014 

3. Issuer Name and Ticker or Trading Symbol

Furiex Pharmaceuticals, Inc. [FURX]

(Last)        (First)        (Middle)

909 THIRD AVENUE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

NEW YORK, NY 10022       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   0   (1) (2) (3) I   (1) (2) (3) See Footnotes   (1) (2) (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  The Reporting Person is filing this Form 3 solely due to the entry into of the Stockholder Voting Agreement (the "Voting Agreement") by and between the Reporting Person and certain stockholders of Furiex Pharmaceuticals, Inc. ("Furiex"). The Voting Agreement was entered into in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 27, 2014, by and among the Reporting Person, Royal Empress, Inc. and Furiex.
( 2)  As a result of certain provisions contained in the Voting Agreement, the Reporting Person may be deemed to have beneficial ownership of the shares of Furiex 's common stock covered by the Voting Agreement (an aggregate of 2,979,768 shares, which represent approximately 27.2% of Furiex's total outstanding shares based on 10,805,611 shares reported outstanding as of March 31, 2014 (as reported in the Furiex Proxy Statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on April 11, 2014)) for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Reporting Person expressly disclaims any beneficial ownership of the securities reported herein, and the Reporting Person does not have any pecuniary interest (as defined in Rule 16a-1(a)(2) of the Exchange Act) in any of the shares subject to the Voting Agreement.
( 3)  The Reporting Person declares that the filing of this Form 3 shall not be construed as an admission that the Reporting Person is the beneficial owner of any securities reported in this Form 3. For additional information regarding the Voting Agreement and the Merger Agreement, see Schedule 13D filed by the Reporting Person with the Securities and Exchange Commission on May 6, 2014.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FOREST LABORATORIES INC
909 THIRD AVENUE
NEW YORK, NY 10022
X


Signatures
Forest Laboratories, Inc., By: /S/ FRANCIS I. PERIER, JR., Francis I. Perier, Jr., Executive Vice President - Finance and Administration and Chief Financial Officer 5/6/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
(MM) (NASDAQ:FURX)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more (MM) Charts.
(MM) (NASDAQ:FURX)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more (MM) Charts.